Real Messenger Corporation operates a real estate technology platform that connects agents, buyers, sellers, and other industry participants within a social platform. The company offers real-time messaging, documentation, and integration with other real estate software.
Real Messenger Announces Receipt of Nasdaq Notification Letter Regarding Minimum Price Deficiency
Real Messenger received a notification from Nasdaq stating it is not in compliance with the minimum bid price requirement of $1.00 per share, as its stock has closed below that threshold for 30 consecutive business days.
The company has 180 calendar days, or until January 19, 2027, to regain compliance by maintaining a bid price of at least $1.00 for 10 consecutive business days or by effecting a reverse stock split.
Should the company fail to cure the deficiency by the initial deadline, it may be eligible for an additional 180-day extension provided it meets other listing standards, though delisting remains a risk if compliance is not achieved.